Etisalat launches digital wallet for faster, easier and secure payments
Etisalat Wallet is available directly on customers' mobile phones whilst in the UAE or traveling abroad
Etisalat has launched its new Etisalat Wallet service in the UAE for a convenient and secured service enabling customers to make purchases, pay utility bills, transportation fees, and top-up Etisalat's mobile credit.
Etisalat Wallet is accessible directly from customers' mobile phones while in the UAE or traveling abroad and serves as a digital wallet, thereby eliminating the need and risk of carrying cash.
Khaled El Khouly, chief consumer officer, Etisalat (UAE), said: "By enabling people to use their mobile phones as mobile wallets, we hope to deliver lasting benefits not just for our progressive customers, but also for the economy of the UAE. We believe the benefits to our customers will be immense and that our new service has the potential to transform the way money is handled and managed."
With 170% of mobile phones penetration in the UAE the mobile phone is rapidly becoming the method of choice for making payments and managing money. Etisalat is optimising its services in close cooperation with UAE banks and in accordance with the Central Bank of UAE regulations, which in return creates opportunities for businesses, SME and progressive consumers.
Etisalat has other mobile commerce solutions in the UAE, including the ‘Smart Mall' which combines mobile, online, and brick-and-mortar channels, for customers on the go, and delivered through interactive video walls and digital kiosks. The ‘Etisalat Mobile Cashier' service transforms mobile phones into industrial-grade payment acceptance tools, enabling enterprises and small and medium businesses (SMBs) to accept debit, credit, prepaid cards, cash, cheques and mobile phone-based payments in a secure and easy-to-use environment.
The Etisalat Wallet application is available for download from Google Android and Apple iOS application stores.